Employee Stock Savings Plan Quarterly Update

April 2, 2014 AIM: BNK Bankers Petroleum Ltd. ("Bankers Petroleum" or the "Company") Employee Stock Savings Plan Quarterly Update Further to the Company's announcement of January 16, 2013 regarding theimplementation of an Employee Stock Savings Plan ("ESSP"), Bankers Petroleumannounces that during the quarter ending 31 March 2014, the following purchaseswere made by senior employees: Name Date of Purchase Number of Employer's Purchase Employer's Resulting Resulting Common Contribution Price Contribution Number of Holding as at Shares (1) (Cdn. $) Vested(2) Common 31 March Purchased Shares 2014 as held as % total at 31 voting March rights 2014 David French, January 15 461 461 4.52 - 159,482 0.1%President andChief Executive January 31 576 576 4.27 - Officer February 14 522 522 4.35 - February 28 466 466 4.87 - March 14 420 420 5.41 - March 31 426 426 5.32 - Douglas C. Urch January 15 305 305 4.52 437 760,454 0.3%- ExecutiveVice President, January 31 381 381 4.27 490Finance andChief Financial February 14 344 344 4.35 482Officer February 28 308 308 4.87 478 March 14 278 278 5.41 457 March 31 281 281 5.32 513 Suneel Gupta - January 15 305 305 4.52 437 472,343 0.2%Executive VicePresident and January 31 381 381 4.27 490Chief OperatingOfficer February 14 344 344 4.35 482 February 28 308 308 4.87 478 March 14 278 278 5.41 457 March 31 281 281 5.32 513 (1) These shares are the matching shares purchased by the Company, whichshall vest to the shareholder twelve months from the date of purchase, providedthe shareholder is still an employee of the Company. (2) These shares are the matching shares purchased by the Company twelvemonths ago and are now vested to the shareholder. As previously announced, under the ESSP, employees may use up to 10% of theirsalary (matched equally by the Company) to purchase Bankers Petroleum shares onthe Toronto Stock Exchange, on each pay period (midmonth and month-end). DavidFrench, Douglas Urch and Suneel Gupta elected to participate in the plan, witha participation level of 10% of each of their respective salaries. It is expected that the next quarterly announcement in respect of purchasesunder the ESSP will be made on or around July 1, 2014. For further information, contact: Doug UrchExecutive VP, Finance and Chief Financial OfficerPh: (403) 513-2691Email: [email protected]: www.bankerspetroleum.com AIM NOMAD:Canaccord Genuity LimitedHenry Fitzgerald-O'Connor+44 0 207 523 8000 AIM BROKER:FirstEnergy Capital LLPHugh Sanderson / David van Erp+44 0 207 448 0200

(BNK. BNK)